Yeah, that's bogus when you can get a nice 1969 for about $10K at an auction. LOL.
$4k for a well engineered 125cc bike is decent price, when you compare what else is out there that fills that niche. A run down 1971 CT70 comes close to that. And you want to compare this fuel injected, street legal Honda to a Chinese clone.
These have a niche, and that is on the back of an RV. A retiree couple could do well with a couple of these sitting on the back of their $200K bus, so they don't have to fire up their towed Hummer or Caddie SUV. I got a town full of em. These'd be perfect, even the 65 year old missus could strap this tame bike on.
Shoot, a Ford pick up is $45K, and no one bats an eyelash. I disagree that this was "stupid." Come on, you'd love to strap on a sleeping bag, and camp with this sucker in a Walmart parking lot, while sucking down warm no label beer and scratching lottery tickets.